South Korea / Nepal

Overview In December 2024, South Korea exported $2.81M and imported $666k from Nepal, resulting in a positive trade balance of $2.15M. Between December 2023 and December 2024 the exports of South Korea have increased by $823k (41.4%) from $1.99M to $2.81M, while imports increased by $189k (39.6%) from $477k to $666k.

Trade In December 2024, the top exports of South Korea to Nepal were Optical, photo, & film equipment; medical... ($847k), Machinery, mechanical appliances, & parts ($532k), Plastics & articles thereof ($452k), Electrical machinery and electronics ($316k), and Perfumery & cosmetics ($215k). In December 2024 the top imports of South Korea from Nepal were Feather articles, feathers, artificial flowers, &... ($138k), Non-knitted clothing accesories ($134k), Used clothes & textile articles ($85k), Toys, games, & sports ($25k), and Wadding, felt, nonwovens, twin, ropes, &... ($23k).

Growth In December 2024, the increase in South Korea's year-by-year exports to Nepal was explained primarily by an increase in product exports in Optical, photo, & film equipment; medical... ($651k or 332%), Machinery, mechanical appliances, & parts ($518k or 3.7k%), and Plastics & articles thereof ($416k or 1.16k%). In December 2024, the increase in South Korea's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Non-knitted clothing accesories ($119k or 793%), Used clothes & textile articles ($59k or 227%), and Feather articles, feathers, artificial flowers, &... ($48k or 53.3%).